The Swiss franc has hit an all-time high against the euro. Even though it trades at an unprecedented CHF0.95 to the euro, the strong franc no longer poses a threat to the Swiss economy.
The Swiss franc could appreciate in coming months as the Swiss National Bank is unlikely to return to negative interest rates, Commerzbank analyst Michael Pfister says in a note. The SNB will ...
The Japanese yen is gaining 0.8%, pushing the USD/JPY cross back below the 155 mark, while the Swiss franc is 0.5% stronger with USD/CHF at 0.9018. The U.S. dollar can often be an FX haven too ...
The decision last week by Swiss authorities to abandon attempts to peg its currency – the Swiss franc – to the euro has sent shockwaves through foreign exchange markets, and led to the closure of one ...
The Swiss are rarely late. But a new series of bank notes has been in the making since 2010. The new Swiss franc notes are finally being released, starting with the 50-franc bill rolled out earlier ...
SNB Chairman: does not like negative rates, but ready to use them SNB Chairman: Swiss franc is a safe haven SNB Chairman sees no need to change model of bank oversight DAVOS, Switzerland ...
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